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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
Common Stock [Member]
Additional Paid in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Beginning Balance at Dec. 31, 2018   $ 46,857,734 $ 2,650,296 $ (2,268,264) $ (1,777,205) $ 45,462,561
Beginning Balance (in shares) at Dec. 31, 2018 5,510,917          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     1,689,264     1,689,264
Other comprehensive income         991,936 991,936
Stock option exercises   51,265       51,265
Stock option exercises (in shares) 5,808          
Stock-based compensation expense   18,881       18,881
Cash dividends     (882,676)     (882,676)
Ending Balance at Mar. 31, 2019   46,927,880 3,456,884 (2,268,264) (785,269) 47,331,231
Ending Balance (in shares) at Mar. 31, 2019 5,516,725          
Beginning Balance at Dec. 31, 2018   46,857,734 2,650,296 (2,268,264) (1,777,205) 45,462,561
Beginning Balance (in shares) at Dec. 31, 2018 5,510,917          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income           3,530,111
Other comprehensive income           2,030,501
Ending Balance at Jun. 30, 2019   47,041,739 4,413,687 (2,314,107) 253,296 49,394,615
Ending Balance (in shares) at Jun. 30, 2019 5,525,278          
Beginning Balance at Mar. 31, 2019   46,927,880 3,456,884 (2,268,264) (785,269) 47,331,231
Beginning Balance (in shares) at Mar. 31, 2019 5,516,725          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     1,840,847     1,840,847
Other comprehensive income         1,038,565 1,038,565
Stock option exercises   94,977   (45,843)   49,134
Stock option exercises (in shares) 8,553          
Stock-based compensation expense   18,882       18,882
Cash dividends     (884,044)     (884,044)
Ending Balance at Jun. 30, 2019   47,041,739 4,413,687 (2,314,107) 253,296 49,394,615
Ending Balance (in shares) at Jun. 30, 2019 5,525,278          
Beginning Balance at Dec. 31, 2019   47,131,034 5,879,409 (2,325,225) 482,814 $ 51,168,032
Beginning Balance (in shares) at Dec. 31, 2019 5,530,001         5,530,001
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     1,521,131     $ 1,521,131
Other comprehensive income         601,016 601,016
Stock option exercises   4,489       4,489
Stock option exercises (in shares) 362          
Stock-based compensation expense   16,418       16,418
Cash dividends     (884,859)     (884,859)
Ending Balance at Mar. 31, 2020   47,151,941 6,515,681 (2,325,225) 1,083,830 52,426,227
Ending Balance (in shares) at Mar. 31, 2020 5,530,363          
Beginning Balance at Dec. 31, 2019   47,131,034 5,879,409 (2,325,225) 482,814 $ 51,168,032
Beginning Balance (in shares) at Dec. 31, 2019 5,530,001         5,530,001
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income           $ 3,022,154
Other comprehensive income           1,571,714
Ending Balance at Jun. 30, 2020   47,290,003 7,131,796 (2,515,472) 2,054,528 $ 53,960,855
Ending Balance (in shares) at Jun. 30, 2020 5,530,682         5,530,682
Beginning Balance at Mar. 31, 2020   47,151,941 6,515,681 (2,325,225) 1,083,830 $ 52,426,227
Beginning Balance (in shares) at Mar. 31, 2020 5,530,363          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     1,501,023     1,501,023
Other comprehensive income         970,698 970,698
Stock option exercises   108,757   (41,697)   67,060
Stock option exercises (in shares) 9,619          
Stock-based compensation expense   29,305       29,305
Cash dividends $ (9,300)     (148,550)   (148,550)
Ending Balance at Jun. 30, 2020   $ 47,290,003 $ 7,131,796 $ (2,515,472) $ 2,054,528 $ 53,960,855
Ending Balance (in shares) at Jun. 30, 2020 5,530,682         5,530,682